Latest news with #Evaluation
Yahoo
5 days ago
- Business
- Yahoo
FDIC Rates Banner Bank ‘Outstanding' in Recent Community Reinvestment Act Performance Evaluation
WALLA WALLA, Wash., June 03, 2025--(BUSINESS WIRE)--The Banner Bank leadership team is pleased to share the Bank again earned an 'Outstanding' rating from the Federal Deposit Insurance Corporation (FDIC) in the Bank's recent Community Reinvestment Act (CRA) Performance Evaluation. 'Outstanding' is the highest available rating in a CRA evaluation and only 10% of all U.S. banks achieved it over the past five years. Under this Act, the FDIC evaluates the performance of banks in helping meet the credit needs of clients, businesses and local communities. It assesses how well banks serve and support low- and moderate-income (LMI) individuals, LMI neighborhoods and small businesses in ways that are consistent with safe and sound operation and banking practices. All banks are regularly evaluated in this area. "Earning the FDIC's highest rating is a reflection of our employees' commitment to consistently implement the core principles of CRA every day," said President and CEO Mark Grescovich. "This achievement is an outcome of our team's thoughtful, intentional effort to do the right thing for our clients and the communities we serve." This is the second consecutive exam cycle Banner earned an Outstanding rating. Since 2021, only one other bank in the 'large bank' category also earned this back-to-back rating throughout the four states we serve. "The Outstanding rating recognizes our hard work and genuine care to serve those in need—community is rightfully at the core of this effort," said Senior Vice President & CRA Director Camino Smith. "We are grateful for the strong partnerships we have built with so many community organizations that offer us invaluable feedback on how to make the greatest impact." In announcing the results of our CRA Performance Evaluation, the FDIC shared these highlights: Banner Bank has an excellent level of community development investments and grants, often in a leadership position, particularly those that are not routinely provided by private investors. The Bank makes use of innovative and/or flexible lending practices in order to serve the assessment area's credit needs. Banner Bank is a leader in providing community development services. The Bank's lending levels reflect good responsiveness to the assessment area's credit needs. Geographic distribution of Banner loans reflects good penetration throughout the assessment area. Banner Bank exhibits a good record of serving the credit needs of the most economically disadvantaged areas of the assessment area, low-income individuals, and/or very small businesses, and is a leader in making community development loans. Banner Bank delivery systems are accessible to essentially all portions of the assessment area. The Bank exhibits good responsiveness to credit and community development needs and occasionally uses innovative and/or complex investments to support community development initiatives. Our complete CRA Public File is posted and available to view on our website at: Community Reinvestment Act (CRA) Public File | Banner Bank About Banner Bank Banner Bank is a Washington-chartered commercial bank serving consumer and business clients in Washington, Oregon, California and Idaho. With more than $16.2 billion in assets, Banner Bank is part of Banner Corporation (NASDAQ: BANR). Visit Banner Bank at View source version on Contacts Kelly McPhee, Senior Vice President, Communications(509) 232-1968 or Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
NDTV
24-05-2025
- Politics
- NDTV
PM Modi To Chair NITI Aayog Meet Today With Chief Ministers Of Several States
New Delhi: Prime Minister Narendra Modi will chair an significant meeting of the NITI Aayog on Saturday at the Bharat Mandapam in the national capital. This is the first major talks between the Prime Minister and the Chief Ministers of all states after the Indian Armed Forces successfully carried out Operation Sindoor, dismantling nine terrorists camps and their training centres in Pakistan and Pakistan-Occupied Kashmir earlier this month avenging the recent horrific Pahalgam terror attack. According to a statement from NITI Aayog, the meeting underscores the Prime Minister's commitment to work with all states as "Team India" for achieving the goal of a developed Bharat. "As India progresses towards becoming a developed country, it is essential that states leverage their unique strengths and drive transformative changes at the grassroots, ensuring that the aspirations of 140 crore citizens translate into tangible outcomes on the ground," the statement said. The meeting, themed 'Viksit Rajya for Viksit Bharat@2047', aims to foster cooperative federalism and align state-level aspirations with the national goal of making India a developed country by its 100th year of Independence. The discussion will centre around enabling states to formulate bold, long-term, and inclusive vision documents aligned with national priorities yet rooted in local reality. States are expected to focus on human development, economic growth, sustainability, technology, and governance reforms, with an emphasis on data-driven and outcome-based strategies. Institutional mechanisms like Project Monitoring Units, ICT-enabled infrastructure, and Monitoring and Evaluation Cells will support accountability and course correction. The Governing Council meeting serves as a platform for the Centre and States/Union Territories (UTs) to deliberate on development challenges and explore how states can act as the building blocks of a Viksit Bharat. Topics such as entrepreneurship promotion, enhanced skilling, and sustainable employment generation will also be discussed. The meeting will also seek to build consensus on the themes of the fourth National Conference of Chief Secretaries, held from December 13 to 15, 2024. The conference, which saw participation from Secretaries of the Union government and Chief Secretaries of states and UTs, contributed recommendations under the overarching theme of 'Promoting Entrepreneurship, Employment and Skilling-Leveraging the Demographic Dividend'. Six key thematic areas emerged from the conference: 1. Creating an enabling ecosystem for manufacturing in Tier 2 and 3 cities; 2. Creating an enabling ecosystem for services in Tier 2 and 3 cities; 3. MSME and informal employment in rural non-farm sectors; 4. MSME and informal employment in urban areas; 5. Opportunities in the green economy through renewable energy; and 6. Opportunities in the green economy via circular economy initiatives. A senior government official noted that the deliberations are also likely to include initiatives from Budget 2025-26 and the prevailing economic challenges. The official said that the Indian economy, despite headwinds such as reciprocal tariffs from the US and global slowdowns, is expected to grow between 6.2 and 6.7 per cent in the current fiscal. The International Monetary Fund (IMF) and the World Bank have revised India's growth projections for 2025-26 downwards to 6.2 per cent and 6.3 per cent respectively, citing global uncertainties and trade tensions. The Governing Council, the apex decision-making body of NITI Aayog, includes all Chief Ministers, Lieutenant Governors of UTs, and several Union Ministers. PM Modi, who has chaired the body since its inception, will preside over the meeting. Notably, 10 states and UTs did not participate in last year's meeting held on July 27. NITI Aayog is in the process of preparing a consolidated vision document to guide India's journey to becoming a $30 trillion economy by 2047. Entrusted in 2023 with integrating ten sectoral thematic visions, the document will encompass economic growth, social development, sustainability and governance as key pillars.
Hans India
24-05-2025
- Politics
- Hans India
PM Modi to hold NITI Aayog meeting today with CMs of all states after Op Sindoor
New Delhi: Prime Minister Narendra Modi will chair an significant meeting of the NITI Aayog on Saturday at the Bharat Mandapam in the national capital. This is the first major talks between the Prime Minister and the Chief Ministers of all states after the Indian Armed Forces successfully carried out Operation Sindoor, dismantling nine terrorists camps and their training centres in Pakistan and Pakistan-Occupied Kashmir earlier this month avenging the recent horrific Pahalgam terror attack. According to a statement from NITI Aayog, the meeting underscores the Prime Minister's commitment to work with all states as "Team India" for achieving the goal of a developed Bharat. "As India progresses towards becoming a developed country, it is essential that states leverage their unique strengths and drive transformative changes at the grassroots, ensuring that the aspirations of 140 crore citizens translate into tangible outcomes on the ground," the statement said. The meeting, themed 'Viksit Rajya for Viksit Bharat@2047', aims to foster cooperative federalism and align state-level aspirations with the national goal of making India a developed country by its 100th year of Independence. The discussion will centre around enabling states to formulate bold, long-term, and inclusive vision documents aligned with national priorities yet rooted in local reality. States are expected to focus on human development, economic growth, sustainability, technology, and governance reforms, with an emphasis on data-driven and outcome-based strategies. Institutional mechanisms like Project Monitoring Units, ICT-enabled infrastructure, and Monitoring and Evaluation Cells will support accountability and course correction. The Governing Council meeting serves as a platform for the Centre and States/Union Territories (UTs) to deliberate on development challenges and explore how states can act as the building blocks of a Viksit Bharat. Topics such as entrepreneurship promotion, enhanced skilling, and sustainable employment generation will also be discussed. The meeting will also seek to build consensus on the themes of the fourth National Conference of Chief Secretaries, held from December 13 to 15, 2024. The conference, which saw participation from Secretaries of the Union government and Chief Secretaries of states and UTs, contributed recommendations under the overarching theme of 'Promoting Entrepreneurship, Employment and Skilling—Leveraging the Demographic Dividend'. Six key thematic areas emerged from the conference: 1. Creating an enabling ecosystem for manufacturing in Tier 2 and 3 cities; 2. Creating an enabling ecosystem for services in Tier 2 and 3 cities; 3. MSME and informal employment in rural non-farm sectors; 4. MSME and informal employment in urban areas; 5. Opportunities in the green economy through renewable energy; and 6. Opportunities in the green economy via circular economy initiatives. A senior government official noted that the deliberations are also likely to include initiatives from Budget 2025-26 and the prevailing economic challenges. The official said that the Indian economy, despite headwinds such as reciprocal tariffs from the US and global slowdowns, is expected to grow between 6.2 and 6.7 per cent in the current fiscal. The International Monetary Fund (IMF) and the World Bank have revised India's growth projections for 2025-26 downwards to 6.2 per cent and 6.3 per cent respectively, citing global uncertainties and trade tensions. The Governing Council, the apex decision-making body of NITI Aayog, includes all Chief Ministers, Lieutenant Governors of UTs, and several Union Ministers. PM Modi, who has chaired the body since its inception, will preside over the meeting. Notably, 10 states and UTs did not participate in last year's meeting held on July 27. NITI Aayog is in the process of preparing a consolidated vision document to guide India's journey to becoming a $30 trillion economy by 2047. Entrusted in 2023 with integrating ten sectoral thematic visions, the document will encompass economic growth, social development, sustainability and governance as key pillars.
Techday NZ
22-05-2025
- Business
- Techday NZ
Cynet launches next-gen AI threat detection, cuts false alarms
Cynet has announced a significant update to CyAI, its proprietary artificial intelligence engine that is used for advanced threat detection across the Cynet cybersecurity platform. The updated CyAI engine is claimed to reduce false positives by 90%, a development that the company says will help managed service providers (MSPs) and small-to-medium businesses (SMBs) maintain a higher level of security protection. This updated AI functionality is part of Cynet's ongoing objective to provide robust, purpose-built protection and is supported by Cynet's 24/7 security operations centre (SOC) team. The CyAI engine uses machine learning models that have been trained on millions of samples, enabling it to continuously scan every executable file across all endpoints. This ongoing analysis allows CyAI to identify both known and previously undetected, or zero-day, threats before they cause damage within a customer's environment. Cynet has previously recorded performance in the latest MITRE ATT&CK Evaluation, achieving 100% protection and 100% detection visibility without generating any false positives, an outcome that the company says sets a benchmark for detection accuracy in its sector. With the updated CyAI engine, Cynet says it has further strengthened its position. The newly developed core of the AI system is designed to offer greater precision and wider coverage for threats. According to the company, this enhancement is already being observed in live security environments. Timea Kovacs, Head of Data Science at Cynet, who oversaw the redesign of CyAI, provided details on the technology's present-day performance. Kovacs said: "Supercharged CyAI is already catching new malicious executables in active incidents. These are threats no other antivirus mechanism had flagged, and CyAI spotted them first in the wild. We also built a Deep Analysis cloud feedback loop to facilitate rapid model improvement, ensuring CyAI continuously optimizes over time." The update is part of a broader strategy at Cynet to improve the detection capabilities of its security platform. Aviad Hasnis, Chief Technology Officer at Cynet, commented: "Detection was already recognized as a Cynet strength. With upgrades to CyAI, we're doubling down on that advantage. This and upcoming enhancements and expansions to the All-in-One Cybersecurity Platform reflect our entire team's commitment to continuously reinvent protection, harnessing the full potential of AI for Cynet partners and customers." Chief Executive Officer at Cynet, Jason Magee, also commented on the update and its role in supporting channel partners. Magee said: "Partner success is our obsession, and AI-enabled detection is a must-have capability for channel players in today's market. With CyAI, Cynet continues to deliver on that demand by combining feedback from our partners, threat intelligence from our analysts, and genuinely innovative ML infrastructure by our engineers. I'm proud of our team for making the All-in-One Cybersecurity Platform stronger and delivering new advantages to Cynet partners and customers around the world." The company highlighted the importance of effective threat detection, particularly as cyberattacks continue to increase in both volume and complexity. For MSPs, Cynet stated that enhanced detection can act as a key differentiator that helps attract and retain clients. For small and medium businesses, robust threat detection is viewed as critical to protecting resources and maintaining business continuity.
India Today
09-05-2025
- Science
- India Today
Delhi plans cloud seeding trials to tackle pollution with artificial rain
The Delhi cabinet on Wednesday took a historic decision to carry out cloud seeding or artificial rain in the national capital in order to combat pollution. Pollution has been a major issue for the state for a long time, and to control it, the cabinet has taken this crucial step in collaboration with IIT Kanpur, according to a move is a major step towards seeking novel solutions for enhancing air quality and public health in the FEATURES OF THE CLOUD SEEDING PROJECT:Overview of the project: The project, which is called "Technology Demonstration and Evaluation of Cloud Seeding as an Alternative for Delhi NCR," consists of carrying out five cloud seeding experiments. The major aim is to evaluate the efficiency of induced rain in minimising air and supervision:The Indian Institute of Technology (IIT) Kanpur will be responsible for implementing the project. Planning, aircraft deployment, chemical dispersal, scientific modelling, and logistics for operations will be their areas of responsibility. The Delhi government will make the payments directly to IIT Kanpur for of fundsThe overall expenditure on the project is 3.21 crore. This comprises Rs 2.75 crore for the five trials of 55 lakh each and a setup cost of Rs 66 lakh, one-time covering aircraft calibration, chemical storage, logistics, and other preparatory timeline and coverage:advertisementThe initial trial is to take place in late May or June 2025, depending on the necessary clearances. It will be held over about 100 square kilometres in areas mostly on the outskirts of Delhi. Follow-up trials will be done in phases, with scientific assessments afterwards to determine effectiveness and environmental approvalsThe government will approach 13 central agencies, such as the Directorate General of Civil Aviation, the Ministry of Defence, the Ministry of Home Affairs, the Ministry of Environment, Forest and Climate Change, and the Airports Authority of India, among others, for no-objection move by the Delhi government to test cloud seeding is a positive step towards addressing the city's air pollution problem. Through the use of scientific techniques and in partnership with top institutions such as IIT Kanpur, the program seeks to offer quick relief during peak pollution however, warn that although cloud seeding can provide short-term relief, long-term and holistic solutions are needed to tackle the causes of air pollution in InMust Watch
